5 Best Cryptocurrencies to Buy for Early Retirement

3. Stellar

Stellar is a payments network that uses the Stellar cryptocurrency to convert digital coins into fiat currency and move them across borders at low fees. It is ranked third on our list of 10 best cryptocurrencies to buy for early retirement. It was initially released in 2014 and developed by Jed McCaleb and Joyce Kim. Stellar is marketing itself as the digital currency of choice for those who do not want to go through banks to move their money around. Stellar is one of the best altcoins available on the market today.

Stellar is mined by firms like Riot Blockchain, Inc. (NASDAQ: RIOT), the Colorado-based crypto mining company with a fleet of over 7,000 miners at its disposal. Riot Blockchain, Inc. (NASDAQ: RIOT) stock has surged over the past few hours on the back of media reports revealing the 900% jump in crypto trading in India, one of the largest internet markets in the world, over the past year. 

Out of the hedge funds being tracked by Insider Monkey, Chicago-based investment firm Citadel Investment Group is a leading shareholder in Riot Blockchain, Inc. (NASDAQ: RIOT) with 2.2 million shares worth more than $120 million.